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Geology software scoops Esri Partner Award 1 Mining technology 

Geology software scoops Esri Partner Award

Seequent has received a 2020 Esri Partner Award, ‘Analytics to Insights’, for its industry-first tool Target for ArcGIS Pro which enhances the integration of mining and exploration data.   GM Mining & Minerals for Seequent, Nick Fogarty, says: “We’re honoured to be recognised for our strong partnership with Esri and the value we have created for customers by focusing on improving workflows and interoperability.”   The recently released Target for ArcGIS Pro which enables the seamless integration of subsurface drilling and borehole data into ArcGIS Pro, creates world-leading end to end solution… Read More Here
CNMC to transfer Africa copper, cobalt assets to engineering arm 2 Copper Cobalt Mining in DRC Mining in Zambia 

CNMC to transfer Africa copper, cobalt assets to engineering arm

China Nonferrous Mining Corp (CNMC) said late on Monday its parent had agreed to sell its 74.52% stake in the company to the group’s engineering arm for 7.36 billion yuan ($1.06 billion) in a restructuring move. State-owned China Nonferrous Metal Mining Group is selling its 2.6 billion shares to its 33.75%-owned subsidiary, China Nonferrous Metal Industry’s Foreign Engineering and Construction, known as NFC,  according to a filing to the Hong Kong stock exchange, which did not provide a reason for the move. The transfer, which was first flagged in September last year with no… Read More Here
Zambia power deficit not affecting mining 3 Copper Energy Mining in Zambia 

Zambia power deficit not affecting mining

Zambia’s power supply deficit has grown by nearly 20% since September, state power utility Zesco said on Friday, despite massive price hikes and government fastracking support for green energy projects to fight drought-induced electricity shortages. Zesco’s Director of Corporate Services Patrick Mwila told a media briefing the electricity deficit had grown to 810 megawatts (MW) from a 690 MW gap in September. The senior executive said a deal to import 300 MW from South Africa’s struggling power utility Eskom had expired and would not be renewed. MINING COMPANIES INCLUDING FIRST… Read More Here
Kinross shuts Toronto office after employee confirmed to have coronavirus 4 International Gold 

Kinross shuts Toronto office after employee confirmed to have coronavirus

Kinross Gold Corporation (TSX:K; NYSE: KGC) (“Kinross”) was informed on March 10, 2020 that an employee from its Toronto office tested positive for the COVID-19 virus. Kinross values the health and safety of its employees above all other priorities, and as a precaution, closed the Toronto office today for a thorough cleaning and disinfection. Kinross has asked its employees to work from home until at least March 20th when the need for the closure will be re-evaluated. The Company is working directly with Toronto Public Health (TPH) who used current… Read More Here
FQM Enterprise Mining Project in Zambia 5 Copper Mining in Zambia New Mining Projects Nickel 

FQM Enterprise Mining Project in Zambia

Enterprise FQM Development Nickel Project The Enterprise nickel project is located 12km away from our Sentinel copper mine in the North Western Province of Zambia. Overview Enterprise is a stand-alone nickel orebody in the north-west of the Trident license area. Given the operational and infrastructure synergies with the Sentinel copper mine, just 12km away, Enterprise is expected to be a low-cost nickel mine. Environmental approval has been granted, and preparatory works undertaken, so that pre-stripping can commence as market conditions become favourable. The nickel process plant was completed in 2016,… Read More Here
Tenke Fungurume Mine 6 Cobalt Copper Emeralds Iron Mining in DRC 

Tenke Fungurume Mine

Tenke Fungurume Mining SA Location Tenke Fungurume Mining SA  Province Lualaba Province Country Democratic Republic of the Congo Coordinates 10°34′06″S 26°11′44″ECoordinates: 10°34′06″S 26°11′44″E Production Products copper, cobalt History Opened 2009 Tenke Fungurume Mining SA (TFM) is one of the largest copper and cobalt producers in the Democratic Republic of Congo (DRC). Construction on the site began in the latter part of 2006, and in 2009, TFM produced its first copper. The mine has since become a vital source of income for local communities and the country by way of royalties and taxes, as well… Read More Here
Kakula Copper Emeralds Mining in DRC 

Kamoa-Kakula Project

A member of Kakula’s future workforce, a miner trainee “operating” a piece of heavy equipment on a simulator at Kamoa-Kakula’s new training centre. The Kamoa-Kakula Copper Project — a joint venture between Ivanhoe Mines (39.6%), Zijin Mining Group (39.6%), Crystal River Global Limited (0.8%) and the Government of the Democratic Republic of Congo (20%) — has been independently ranked as the world’s largest, undeveloped, high-grade copper discovery by international mining consultant Wood Mackenzie. It is a very large, near-surface, flat-lying, stratiform copper deposit with adjacent prospective exploration areas within the… Read More Here
Gemfields lists on London Stock Exchange 13 Gemstones International Mining in Zambia Precious Stones 

Gemfields lists on London Stock Exchange

The Gemfields Group, which, in collaboration with the Zambian government, owns the Kagem Emerald Mine in Lufwanyama, has returned to trade and listed its shares on the AIM market of the London Stock Exchange on February 14, 2020 after 3 years. The listing is the latest demonstration of Gemfields’ ethos of transparency, legitimacy, and integrity that allows a wider reach of international investors to directly participate in Gemfields, which owns 75% of the Kagem Emerald concession in Lufwanyama, with 25% in Government owned by the Industrial Development Corporation (IDC). Sean… Read More Here
Glencore International Mining in DRC Mining in Zambia 

More heads to roll at Glencore this year

Mining and commodities trader Glencore (LON: GLEN) is planning more management changes this year as it makes the transition towards a new, younger generation of leaders. The Swiss giant has faced growing investor concern about climate change due to its heavy presence in the thermal coal market (it’s the world’s largest supplier of the fossil fuel). That, together with multiple corruption and bribery investigations, as well as a steep decline in the kind of coal it produces, has prompted Glencore to speed up planned changes at the top. CORRUPTION AND BRIBERY PROBES, FALLING COMMODITY… Read More Here

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